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Bank wire fraud – How social engineering and technology perpetrate fraud losses

Abrigo

While previously, fraud was local or regional, today, scammers leverage technology extensively. Fraudsters use the same sales and marketing techniques as legitimate businesses to research and target their victims. We know a lot of fraud is not reported due to a lack of knowledge on reporting and victims feeling shame for their loss.

Fraud 195
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FinCEN reissues real estate Geographic Targeting Orders

Abrigo

Real estate lending BSA training should include GTO guidance , specifically on how to identify red flags at loan origination. At the end of 2021, the Biden administration announced that they would pay closer attention to corruption in the real estate market, with a special focus on all-cash commercial and residential real estate transactions.

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Paid social media’s place in your marketing strategy

Independent Banker

As social media platforms tinker with their algorithms, marketing experts say one trend is clear: Paid social campaigns are becoming increasingly necessary to cut through the noise and reach customers. Although posting organically is an authentic way to build customer relationships, it requires time and patience to reach marketing goals.

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The Concentric Relationship Strategy in Banking

South State Correspondent

We concluded that the market does not adequately compensate banks for credit and interest rate risks. Bankers provide advice based on the customer’s particular situation and needs, as those needs evolve over the customer’s lifetime and as the market changes. This methodology needs to be trained, practiced, and managed.

Strategy 195
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How To Build A Super App: First, Find The Biggest Consumer Pain

PYMNTS

But, also a challenging one, OMNi Director of Mobility Liza Castillo told PYMNTS, a fact her firm knows from its experience in building digital infrastructure in the Central America and Caribbean (CAC) region and its efforts around developing super apps in new markets where digital is still nascent and super apps are nearly unheard of.

How To 151
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Perficient Gives Back to Hometown Community of St. Louis

Perficient

Louis region by creating ways for people to give locally and sustainably, creating a safe and easy way for charities to raise money. READ MORE: Perficient Crosses $100,000 Milestone with Make-A-Wish Foundation Contributions. Each month, a raffle will benefit a different St. Louis area charity: Youth in Need.

St. Louis 511
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Why Venture Capital Is Accelerating In Asia — Why It’s Different From The Valley

PYMNTS

The conversation came against a backdrop where the number of fundraising deals in the Southeast Asian region were higher in 2020, as measured through the second quarter — more than 60 percent higher over the second quarter of last year, in fact, to 184 deals as measured by DealStreetAsia.

Capital 298